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The Future of the Social Investment State - Politics, Policies and Outcomes (Hardcover)
Loot Price: R3,880
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The Future of the Social Investment State - Politics, Policies and Outcomes (Hardcover)
Series: Journal of European Public Policy Series
Expected to ship within 12 - 17 working days
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Social investment is part of a strategy to modernize the European
welfare states by focusing on human resource development throughout
the life-course, while ensuring financial sustainability. The last
decades have seen cost containment in areas such as pensions and
health care, but also expansion in areas such as early childhood
education, higher education and active labor market policies. This
development is linked to a Social Investment (SI) approach, which
should, ideally, promote a better reconciliation of work and family
life, high levels of labor market productivity and strong economic
growth, while also mitigating social inequality. However,
institutionalization of policies that may mainly benefit the middle
class has some unintended effects, such as perpetuating new
inequalities and the creation of other Matthew effects. While
research on the rise of the social investment state as a new
paradigm of social policy-making for European welfare states has
grown significantly, there are still important gaps in the
literature. The chapters in this book address the controversies
around social investment related to inequalities, individual
preferences and the politics of social investment. This volume is
therefore organized around policies, politics and outcomes. The
contributing authors bring together expert knowledge and different
perspectives on SI from several disciplines, with original
path-breaking empirical contributions, addressing some key
questions that thus far are unanswered, related to Matthew effects,
inequalities, ambiguities of social investment and institutional
complementarities. Furthermore, it is the first volume that covers
the core policy areas of social investment: childcare, education
and labour market policies. The chapters in this book were
originally published in a special issue of the Journal of European
Public Policy.
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